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Erdene Resource Development Corp.

Mining and Resource Development ~260 employees
Founded
--
Employees (Est.)
~260
13 leaders known
Total Funding
$53.7M
Funding Rounds
2
Last Funding
2026-02-05

About Erdene Resource Development Corp.

Erdene Resource Development Corp. is a high-grade, low-cost gold producer focused on the development and exploration of gold projects in the Khundii Minerals District, particularly the Bayan Khundii Gold Project. The company aims to extend mine life through exploration within an extensive gold system while making positive contributions to the communities in which it operates.

Products & Services

Bayan Khundii Gold Project:A high-grade, open-pit gold mine poised to enter production with low all-in sustaining costs, offering significant leverage to gold prices.
Khundii Minerals District:A key exploration and development area with multiple gold projects and long-life exploration upside.
Altan Nar:A gold project within the company's portfolio, focused on exploration and development.
Dark Horse:An exploration project under the Khundii Minerals District.
Zuun Mod:A project with mineral resource estimation, part of Erdene's broader portfolio.
Khuvyn Khar:A porphyry system project with significant copper intersections, contributing to the company's resource base.

Specialties

High-grade gold production Low-cost mining operations Gold exploration Copper exploration Sustainability in mining

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Private Placement
T: -
FT: Private Placement
A: 28747000
MR: -
FA: 28,747,000
FAN: 28747000
D: 2026-02-05
FD: 2026-02-05
3 investors
2 RT: Private Placement
T: -
FT: Private Placement
A: 25000100
MR: -
FA: 25,000,100
FAN: 25000100
D: 2026-01-26
FD: 2026-01-26
2 investors
Private Placement Latest
2026-02-05
$28.7M
3 investors (Pro only)
Private Placement 2026-01-26
$25.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

P

Peter C. Akerley

President, Chief Executive Officer and Director

R

Robert Jenkins

Chief Financial Officer

M

Michael X. Gillis

Vice President Exploration

B

Bayarmaa.B

Chief Administrative Officer

P

Peter Dalton

Senior Geologist

D

Darryn Broderick

Director of Finance

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Recent News

Erdene Resource Development Corp. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
erdene.com
Industries
Mining and Resource Development
Company Size
~260 employees (est.)

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